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Symmetric Withdrawals for Terra Enabled
May 20, 2022 #News #Terra

Symmetric Withdrawals for Terra Enabled

THORChain has enabled symmetric withdrawals for Terra liquidity providers.

Kadesh

THORChain has enabled symmetric withdrawals for Terra liquidity providers.

$UST and $LUNA symmetric liquidity providers must exit 50:50.

Asymmetric liquidity providers can only exit with the asset they came in with.

For now, pooling and swaps are paused while Impermanent Loss Protection still applies based on the number of days in the pool(1% per day)

It is advised to withdraw before May 27 (GMT+8) for your Terra assets to qualify for Terra 2.0 Airdrop Snapshot.

Trading on Terra Chain will be re-enabled on May 24th (UTC).

The cave you fear to enter holds the treasure you seek